April 3, 2024/FBNQuest Research Nigeria’s infrastructure stock falls below the internationally recognised benchmark of 70% of GDP, as set by the World Bank. The infrastructure deficit undermines the country’s economic competitiveness, contributing to higher levels of unemployment and inflation. Notably, transportation infrastructure stands out as one of the sectors most adversely affected by the deficit.  Given the deficit […]

April 3, 2024/CSL Research Based on the latest data from the Nigerian Communications Commission (NCC), Nigeria experienced a 2.81% decrease in active mobile subscriptions in January 2024, dropping to 218.40m from 224.71m in December 2023. This marks the first decline in mobile subscriber numbers following three consecutive periods of marginal […]

April 2, 2024/FSDH Research Kindly click here to download the full report on Macroeconomic Update 2024 Q1. Below is the summary: Global growth projections remain flat for 2024 and 2025 Data Source: IMF Global GDP growth is projected to remain flat in the medium term. Growth in 2023 was estimated […]